Disappointed with COP25 results, says UN Secretary General
On Saturday, countries worked on addressing the differences over the structure of international carbon trading. As the chair of the current round of talks, Chile’s environment minister Carolina Schmidt held talks with several key developed and developing countries in an effort to balance the need for ambition and accountability.
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Countries objected to the lack of ambition in the text as there were no effort to call on countries to step up their efforts to address climate change. Speaking for the alliance of small island states, Belize said, “This was a COP (conference of parties) of ambition, but seems we prefer looking backward rather than forward”.
Climate conference extended after outcome eludes countries
Variables in the text around unfulfilled past commitments of historical polluters (rich nations), unwillingness of countries (China, India, Brazil, Japan, Australia and others) towards raising their climate action targets by next year and uncertainties about carrying over (transition clause and cut-off year) carbon credits earned by countries like India, Australia, Brazil and others in pre-2020 period to post-2020 phase were key points of discontentment in the text.
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